NUGT vs. DUST
Compare and contrast key facts about Direxion Daily Gold Miners Bull 2X Shares (NUGT) and Direxion Daily Gold Miners Bear 2X Shares (DUST).
NUGT and DUST are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. NUGT is a passively managed fund by Direxion that tracks the performance of the NYSE Arca Gold Miners Index (300%). It was launched on Apr 1, 2020. DUST is a passively managed fund by Direxion that tracks the performance of the NYSE Arca Gold Miners Index (-300%). It was launched on Apr 1, 2020. Both NUGT and DUST are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NUGT or DUST.
Correlation
The correlation between NUGT and DUST is 0.18, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
NUGT vs. DUST - Performance Comparison
Key characteristics
NUGT:
1.30
DUST:
-0.95
NUGT:
1.86
DUST:
-1.61
NUGT:
1.24
DUST:
0.82
NUGT:
0.86
DUST:
-0.63
NUGT:
4.63
DUST:
-1.86
NUGT:
18.51%
DUST:
33.89%
NUGT:
65.99%
DUST:
66.27%
NUGT:
-99.97%
DUST:
-100.00%
NUGT:
-99.91%
DUST:
-100.00%
Returns By Period
In the year-to-date period, NUGT achieves a 93.84% return, which is significantly higher than DUST's -55.92% return. Over the past 10 years, NUGT has outperformed DUST with an annualized return of -17.93%, while DUST has yielded a comparatively lower -57.23% annualized return.
NUGT
93.84%
15.93%
27.93%
72.74%
0.54%
-17.93%
DUST
-55.92%
-21.35%
-37.53%
-60.07%
-36.80%
-57.23%
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NUGT vs. DUST - Expense Ratio Comparison
NUGT has a 1.23% expense ratio, which is higher than DUST's 1.07% expense ratio.
Risk-Adjusted Performance
NUGT vs. DUST — Risk-Adjusted Performance Rank
NUGT
DUST
NUGT vs. DUST - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Direxion Daily Gold Miners Bull 2X Shares (NUGT) and Direxion Daily Gold Miners Bear 2X Shares (DUST). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
NUGT vs. DUST - Dividend Comparison
NUGT's dividend yield for the trailing twelve months is around 0.85%, less than DUST's 8.19% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|
NUGT Direxion Daily Gold Miners Bull 2X Shares | 0.85% | 1.79% | 1.67% | 0.70% | 0.00% | 0.00% | 0.63% | 0.57% |
DUST Direxion Daily Gold Miners Bear 2X Shares | 8.19% | 5.01% | 4.47% | 0.00% | 0.00% | 3.64% | 2.47% | 0.37% |
Drawdowns
NUGT vs. DUST - Drawdown Comparison
The maximum NUGT drawdown since its inception was -99.97%, roughly equal to the maximum DUST drawdown of -100.00%. Use the drawdown chart below to compare losses from any high point for NUGT and DUST. For additional features, visit the drawdowns tool.
Volatility
NUGT vs. DUST - Volatility Comparison
Direxion Daily Gold Miners Bull 2X Shares (NUGT) and Direxion Daily Gold Miners Bear 2X Shares (DUST) have volatilities of 31.78% and 32.02%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.